Primewest Property Income Fund

Open ended diversified property fund targeting 5.5%+ p.a. distributions

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Core Property has reviewed the Primewest Property Income Fund, a newly launched open-ended property fund by Primewest.

The Fund invests in a diversified portfolio of properties across the office, industrial, retail and social infrastructure sectors. 

Key features of the Fund include:

  • The initial portfolio will consist of 3 fully occupied childcare centres located in QLD, WA and SA providing a long WALE of 18 years.
  • Initial units are being offered at $1.00 per unit, up to 18 December 2020, with a daily unit pricing thereafter.
  • Targeted distributions of 5.5 cpu in 2021 based on the initial portfolio.
  • Liquidity is provided via a Limited Monthly Withdrawal Facility.
  • The Fund is available to Wholesale investors only.

Core Property has rated the Fund as RECOMMENDED.

Core Property Rating - Recommended

Fund Status - Open

This publication is not and should not be construed as, personal financial product advice, an offer to sell or the solicitation of an offer to purchase or subscribe for any investment. Any opinion contained in the Report is unsolicited general information (general financial product advice) only. Read more here.